The term "MBM" has multiple meanings, depending on the context. Here are some possible definitions:

• Market-Based Management: MBM is a management philosophy developed by Charles G. Koch that empowers individuals and organizations to succeed long-term by applying the principles of mutual benefit, principled entrepreneurship, and virtuous cycles. It is not a business philosophy, but a management philosophy that can be applied to any organization. MBM has two main components: the five dimensions and the eight MBM Guiding Principles.

• Master of Business and Management: MBM is a professional degree in "master in business" or "master in management" degrees, usually pursued by students immediately after completing a bachelors degree. It is designed to equip students with generalist managerial and leadership skills that will improve their practice and help them start a successful career in business management.

• Thousand feet board measure: MBM is an abbreviation for "thousand feet board measure," which is a unit of measurement used in the lumber industry.

• Other meanings: MBM can also stand for other things, such as "Mission-Based Management," "Magnetic Bubble Memory," "Message Board Moderator," or "Marshall Bruce Mathers" (Eminem, music artist) .

Without additional context, it is impossible to determine which meaning of "MBM" is being referred to.